SoftBank Group founder Masayoshi Son revealed that he “was crying” when he sold the company’s stake in Nvidia, highlighting how reluctant he was to part with the fast-rising chipmaker. This emotional exit raises a key question — what compelled Japan’s second-richest man to give up the shares despite not wanting to?Speaking at the FII Priority…
NEW DELHI: Around 65.9 lakh cyber-fraud complaints involving a total amount of Rs 55,659 crore were reported by citizens over the past five years via the national cybercrime reporting portal (NCRP) and the citizen financial cyber fraud reporting and management system (CFCFRMS) of the Indian Cyber Crime Coordination Centre (I4C), as per home ministry.Replying to…
Iran has reportedly allowed two LPG tankers to pass through the Strait of Hormuz to sail to India, while concerns rise on supply diruptions in the country amid ongoing conflict in the Middle East.Additionally, a crude oil tanker carrying Saudi Arabian cargo is set to reach India on Saturday after passing through the Strait around…
NEW DELHI: India’s high commissioner to Canada, Dinesh Patnaik, has strongly rejected allegations linking the Indian government to the killing of NIA-designated terrorist Hardeep Singh Nijjar, questioning the lack of evidence to support the claims. Speaking in a televised interview on CBC News’ Power & Politics, Patnaik responded to allegations made by former Canadian prime…
Meesho’s shares are trading at a grey market premium (GMP) of Rs 40–41 apiece ahead of their stock market debut on Wednesday, December 10, signalling an expected upside of about 36% over the issue price.The initial public offering, which opened on December 3 and closed on December 5, has entered the allotment stage, with the…
Trump and Carney (File photo) US President Donald Trump on Saturday warned Canada and its Prime Minister Mark Carney over making any deals with China. Refering to Carney as “governor”, he said that US will impose 100 per cent tariffs if Canada makes any such deals.“If Governor Carney thinks he is going to make Canada…
The co-CEO of cryptocurrency exchange Kraken criticized the U.K.’s rules on promoting crypto, saying that warnings companies are required to place on their websites hinder retail investors and expose them to potential losses, the Financial Times reported on Wednesday. “In the U.K. today, if you go to any crypto website, including Kraken’s, you see the…
The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the government moves to tighten oversight of supplies disrupted by the ongoing Middle East war.The oil ministry has issued the Petroleum and Natural Gas (Furnishing…
Strategy’s (MSTR) junior preferred stock Stride (STRD) saw its credit spread tighten further at the end of last week, possibly highlighting strong demand for the company’s highest-yielding preferred offering. The spread between the yield of STRD and that of the U.S. 10-Year Treasury Note fell to a new low of 8.12% as of Dec. 12,…
Asian shares traded mostly in red on Monday following data, after the Wall Street ended last week on a tough note, pulling US markets off record highs. The slump came after a decline in Chinese investment in November, highlighting the ongoing weakness in the world’s second-largest economy. Hong Kong’s HSI was down 0.92% or 240…
